About: pumarketings
Recent Posts by pumarketings
Oil Prices Swing on OPEC Output Decision and Geopolitical Escalation
Key Takeaways: *Prices rebounded as traders viewed the planned output hike as slower than expected. *Russia’s major strikes and looming U.S. “phase two” sanctions stoked fears of supply disruptions. *China’s CPI and OPEC’s monthly report this week will be critical in shaping short-term price direction. Market Summary: Oil prices opened the week with notable volatility,Continue Reading
Yen Weakens as Japan Faces Political Uncertainty Despite Upbeat GDP Data
Key Takeaways: *Political instability following PM Ishiba’s resignation drove renewed selling, overshadowing Japan’s stronger economic data. *Q2 growth was revised higher to 2.2% annualized, fueling upgraded 2025 growth projections. *Tariff risks and leadership transition leave markets cautious over the BoJ’s future policy path. Market Summary: The Japanese yen extended its recent slide as political turmoilContinue Reading
Euro Firm but Fragile Amid French Turmoil
Key Takeaways: *Weak U.S. jobs data cement September Fed cut expectations. *ECB seen holding rates at 2.00% through 2025, first cut in 2026. *France faces political turmoil after Bayrou ouster, raising risk. Market Summary: The Euro is trading with a cautiously firm bias near 1.1750, lifted by broad U.S. Dollar weakness but still hemmed inContinue Reading
